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EIN 52-1954196

Raza Development Fund (RDF)

IRS 501(c) type
501(c)(3)
Num. employees
47
City
Phoenix
State
Arizona
Year formed
1996
Most recent tax filings
2023-09-01
NTEE code, primary
S30: Economic Development
Description
RDF is driven by a mission to unlock lasting prosperity in communities across America by providing financial solutions in areas of health, education, affordable housing, homeownership, entrepreneurship and community resilience.
Related structure
RDF is a subordinate organization under UnidosUS.
Total revenues
$26,318,340
2023
Total expenses
$20,725,703
2023
Total assets
$335,227,129
2023
Num. employees
47
2023

Program areas at RDF

Loan Fund programs: lending programs to assist hispanic agencies as well as other agencies serving low income communities by increasing access to capital, strengthening affiliate relations and promote economic and financial literacy at the agency level. Loans approved 59.

Grants made by RDF

GranteeGrant descriptionAmount
Empowering Latina Leaders in ArizonaCommunity Development$245,000
Empowering Latina Leaders in ArizonaCommunity Development$245,000

Who funds Raza Development Fund (RDF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Scale LinkGeneral Support$159,197

Personnel at RDF

NameTitleCompensation
Annie DonovanPresident and Chief Executive Officer
Ms. Annie Donovan ServesPresident and CEO, RDF
Tom EspinozaPresident and Chief Executive Officer$1,133,088
Melissa McDonaldChief People and Operations Officer$324,974
Adrian RuizChief Investment Officer$189,935
...and 17 more key personnel

Financials for RDF

RevenuesFYE 09/2023
Total grants, contributions, etc.$6,531,097
Program services$17,307,517
Investment income and dividends$1,584,984
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$13,000
Net gain from sale of non-inventory assets$588,000
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$293,742
Total revenues$26,318,340

Form 990s for RDF

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-13990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-08-13990View PDF
2019-092020-10-08990View PDF
...and 10 more Form 990s

Organizations like RDF

OrganizationLocationRevenue
LiftFundSan Antonio, TX$40,563,122
Craft3Astoria, OR$32,060,164
Initiative FoundationLittle Falls, MN$10,031,903
South Carolina Community Loan FundCharleston, SC$6,646,393
Chicago Community Loan Fund (CCLF)Chicago, IL$15,665,409
Economic and Community Development Institute (ECDI)Columbus, OH$13,823,454
Seattle Economic Development Fund Business Impact NWTukwila, WA$6,779,426
Michigan Community CapitalLansing, MI$6,661,371
California Coastal Rural Development CorporationSalinas, CA$6,796,425
Opportunity Finance Network (OFN)Philadelphia, PA$24,971,319
Data update history
March 1, 2025
Updated personnel
Identified 13 new personnel
October 20, 2024
Updated personnel
Identified 2 new personnel
October 4, 2024
Updated personnel
Identified 9 new personnel
September 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 23, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Corporate foundationsBusiness and community development organizationsEthnic centersChapter / child organizationsCharities
Issues
Human servicesCommunity improvementEconomic developmentBusiness and industry
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
410 E Southern Ave
Phoenix, AZ 85040
Metro area
Phoenix-Mesa-Chandler, AZ
County
Maricopa County, AZ
Website URL
rdf.fund/ 
Phone
(602) 417-1400
Facebook page
razadevelopmentfund 
IRS details
EIN
52-1954196
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
2536498
AB 488 data last updated ("as-of") date
2025-03-19
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